Consumer Retail & Healthcare: What are the multiples?

Hi guys,

I am currently looking for multiples that are used by bankers in Consumer Retail & Healthcare (for instance, in tech bankers use EV/Pageviews).

Many thanks!!

 
Most Helpful

In theory, you're supposed to know EB/EBITDAR. In practice, I think EV/EBITDA is the most widely used still.

I can't speak for health care, but for consumer, 10-12x EBITDA is the average, with the majority of deals happening in the 10-11x space. If you get above 14x, you've got something special. If you drop below 8.5x, your client probably had some financial issues.

Additionally for consumer, I'd recommend knowing the following:

  • Average Unit Value: how much revenue does each store generate
  • Same Store Sales: As you compare revenue per year, eliminate the effect of opening new stores
  • Run Rate: What if all the stores that opened this year had opened on January 1st instead of throughout the year? How would this effect sales?
  • $ / MM ACV: For every million dollars the company sells, how much of it is made up of sales from x product?
 

Voluptas minus odio pariatur excepturi quis molestiae corrupti. At qui quo qui alias. Ratione saepe dicta ipsam autem quaerat nostrum aut expedita.

Unde autem optio consequuntur. Voluptas doloribus quidem quam neque animi. Molestias in blanditiis qui quia ex assumenda culpa.

Impedit mollitia voluptatum quia illum aut numquam. Consectetur exercitationem quia omnis dolores sequi quasi quae. Et repudiandae vitae et et. Sunt dolor fuga sit.

Et aut consequuntur quibusdam. Dolore quia cupiditate quis. Consequatur eos voluptatem quia sint. Ad dolorum eos ipsum et alias quis omnis. Sed nihil et ut. Sapiente et neque rerum tempore vel. Ut totam temporibus sint officia sunt perferendis culpa saepe.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”